PHX Energy Services Corp. Declares Quarterly Dividend for Investors
PHX Energy Services Corp. Declares Quarterly Dividend
PHX Energy Services Corp. is excited to inform investors about its recent dividend announcement. The Board of Directors has declared a quarterly cash dividend of $0.20 per common share. This dividend is classified as an eligible dividend as per subsection 89(1) of the Income Tax Act (Canada). The payment date for this dividend is noted for shareholders on record by the end of September.
Understanding the Dividend Announcement
The dividend serves as a representation of PHX Energy's ongoing commitment to its shareholders. By declaring this cash dividend, the Corporation aims to reward its investors, reflecting the strong operational performance and solid financial standing of the company.
Significance of the $0.20 Dividend
Declaring a dividend is a significant indicator of a company's financial health. A quarterly payment of $0.20 per share denotes not just profitability but also a strategy to enhance shareholder value. Investors generally appreciate this move as it demonstrates confidence in future earnings.
About PHX Energy Services Corp.
PHX Energy Services Corp. is a dynamic, publicly traded entity that specializes in oil and natural gas services. The company is dedicated to growth, working extensively in the directional drilling sector. With its specialized subsidiaries, PHX Energy provides both horizontal and directional drilling services, catering primarily to oil and natural gas exploration and development firms.
Innovative Technologies in Drilling
PHX Energy has made notable advancements in technology, positioning itself as a leader in the industry. The company not only provides drilling services but also engineers and develops cutting-edge technologies to improve efficiency and safety in drilling operations. Their commitment to innovation has solidified their reputation within North America’s competitive market.
PHX Energy's Market Position
The common shares for PHX Energy are publicly traded on the Toronto Stock Exchange under the ticker symbol "PHX". This trading status allows investors to participate in the growth of the company while benefiting from its strong market presence.
Contact Information for Investors
For those seeking more information about the company or its financial performance, PHX Energy encourages individuals to reach out:
PHX Energy Services Corp.
Michael Buker
President and Chief Executive Officer
Phone: (403) 543-4466
or
PHX Energy Services Corp.
Cameron Ritchie
Senior Vice President, Finance and Chief Financial Officer
Phone: (403) 543-4466
Frequently Asked Questions
What is the amount of the declared dividend?
PHX Energy Services Corp. has declared a dividend of $0.20 per common share.
Who is eligible for the dividend?
Shareholders of record as of September 30, 2025, will be eligible to receive the dividend payment.
When will the dividend be paid?
The dividend is set to be payable on October 15, 2025.
What does PHX Energy do?
PHX Energy provides directional drilling services, along with developing innovative technologies for the oil and gas industry.
How can I contact PHX Energy for more information?
You can contact Michael Buker at (403) 543-4466 or Cameron Ritchie at (403) 543-4466 for inquiries.
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